Increased Energy Efficiency Target Will Cost Us Hundreds of Billions

Czech industry has serious concerns about the impact of the draft directives and regulations on market design and energy efficiency. CEBRE founders state in a joint declaration that the proposals bear risks for industry, energy availability, stability and security.

Increasing the energy savings target to 30 % by 2030 may cost the Czech Republic hundreds of billions CZK. The common position was presented by Czech business representatives on September 8th at a meeting with the Czech eurodeputies, who will vote on the legislative proposals in the coming months.

“We demand greater flexibility for Member States to achieve annual energy savings, non-discriminatory access to capacity mechanisms, and we refuse the provision of regional operational centers,” say the representatives of the Confederation of Industry of the Czech Republic, the Czech Chamber of Commerce and the Confederation of Employers’ and Entrepreneurs’ Associations of the Czech Republic (CEBRE founders).

Furthermore, they insist on lifting the exemptions from liability for deviation and the abolition of price caps and thresholds in the wholesale market.